Following a rigorous application process, Glencore joined the International Council of Mining and Metals in May Code of Conduct updated

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1 SUSTAINABILITY HIGHLIGHTS 2014

2 Key sustainability achievements $114m spent on corporate social initiatives ICMM membership achieved Following a rigorous application process, Glencore joined the International Council of Mining and Metals in May 2014 Mopani recognised with Zambia s best EITI performer award for its ongoing commitment to the Extractive Industries Transparency Initiative Code of Conduct updated zero major or catastrophic environmental incidents Human Rights Policy launched We developed our Human Rights Policy in line with the Universal Declaration of Human Rights, ILO Labour Standards and UN Guiding Principles LTIFR decreased by 42 % against our 2010 baseline $5bn paid in wages and benefits

3 Rollout of SafeWork to the Group Developed Group guidance, aligned with the Voluntary Principles on Security and Human Rights 118,000 4 employees and contractors undertook awareness training on the fatal hazard protocols and life-saving behaviours in 2014 countries We implemented the Voluntary Principles in our four focus countries: Bolivia, Colombia, DRC and Peru $5 billion: Our payments to governments in 2014 Joined the Plenary Group of the Voluntary Principles Initiative Our performance in assessing and revising our sustainability management system, Glencore Corporate Practice (GCP), achieved some significant milestones: Launch of Group HSEC policies Design and implementation of HSEC assurance process Group-wide review of catastrophic risks and hazards Rollout of GCP database, our management system for sustainability data Launch of social value creation scorecard to track performance in operating countries For more information on these and other achievements see our full 2014 Sustainability Report.

4 Our approach to sustainability Corporate Practice Glencore Corporate Practice (GCP), our corporate responsibility management system, provides a framework for the integration of our sustainability principles, guidance and policies throughout our business. GCP underpins our approach towards societal, environmental and compliance indicators, providing clear guidance on the standards we expect all our operations to achieve. GCP supports the implementation of our HSEC policies by our assets and helps them to determine the procedures necessary to attain our targets and expected behaviour. Set at Group level to guide our activities around the world Values Safety Entrepreneurialism Simplicity Responsibility Openness Code of Conduct We achieved some significant milestones against our ambition to consistently improve our approach to sustainability through assessing and revising Glencore Corporate Practice (GCP): We became a member of the ICMM and the Plenary Group of the Voluntary Principles Initiative Tony Hayward confirmed as Chairman Patrice Merrin appointed as a non-executive director Mopani recognised as Mining Company of the Year in Zambia for its transparency efforts Target for 2014 Ongoing continual improvement Performance in 2014 Group HSEC policies implemented and assured through self-assessments aligned with the Group approach HSEC assurance process designed and implemented Group-wide review of catastrophic risks and hazards Rollout of GCP database Launch of social value creation scorecard Group HSEC policies Detail our management processes and procedures 1. Health and safety 2. Emergency response and crisis management 3. Catastrophic and fatal hazards management 4. Environmental management 5. Communities and stakeholder engagement 6. Human rights 7. Product stewardship 8. HSEC assurance 9. HSEC management framework 10. Risk management framework Operational policies Group HSEC policies are implemented and adapted locally Performance and alignment Data reporting, risk management and assurance We use these to track performance and alignment with policies

5 We are committed to improving our business Ambition: To achieve sector-leading safety and health performance Ambition: To foster sustainable growth wherever we operate Ambition: To respect the human rights of our people, host communities and partners Commitment: Strengthen our capacity and capability at our focus assets Commitment: Manage the impact of our operations in a way that sustains livelihoods and reflects the full range of ways in which our activities touch and enrich our host communities Commitment: Align our activities with the UN Guiding Principles on Business and Human Rights Protect, Respect and Remedy Framework, as well as the ILO Core Conventions A diverse portfolio Our portfolio is geographically diverse; each of our operating regions has specific material issues that are addressed locally in a culturally appropriate manner. North America 11,757 Europe & CIS 45,453 South America 29,326 Africa (excl. South Africa) South Africa 38,578 35,338 Australasia 20,897 Key Metals & Minerals Energy Products Agricultural Products Corporate office Marketing Health & safety Air quality Indigenous people Waste & effluents Water Environment Product stewardship Our people Major health issues Tax Human rights Union relations Local communities Climate change

6 Our commitments: measuring our performance Area Stakeholder concern Target for 2014 Performance in Highlights Health & Safety Fatalities in the workplace Safety record at some operations Zero fatalities 16 fatalities (compared to 26 in 2013) Fatalities significantly reduced Our coal, nickel, oil, iron ore and aluminium departments, representing 40,000 employees and contractors, suffered no loss of life this year 50% reduction of Group LTIFR by 2016, taking 2010 figures as a baseline Group LTIFR of 1.58 in 2014, down from 2.74 in 2010: a 42% improvement 80% of our assets either improved their LTIFR in 2014, or reported zero LTIs in 2014 Zero new occupational diseases from current exposure Not achieved; currently developing a Group health strategy to ensure consistent practice 91% of our sites reported no new cases of occupational diseases Continue to support major public health initiatives, e.g. HIV/AIDS, TB, malaria, in regions with material community health concerns Ongoing, with a particular focus in South Africa, Zambia and DRC 11,228 of our employees underwent voluntary testing and counselling for HIV/AIDS Our people Industrial relations in the workplace Job security Establish partnerships with the top universities in the countries where we operate Establish Group management training programme for senior and operational managers Established introduction to Glencore sessions at regional offices Established a trainee recruiting process Developed a strategy to support best performers regardless of age, gender or race 16 instances of industrial action Evaluated development programmes; pilot rolled out in late 2014 Review our approach to diversity in the workplace Group policy included requirement to provide career support and progression to our best performers, regardless of age, gender or race Community Communications with local communities Engagement with indigenous peoples Continue to spend 1% of annual Group profits before tax for community investment $114 million spent during 2014 (2.2% of Group profit before tax) $114 million spent on community investment $40 billion spent on procurement $5 billion spent on wages and benefits $100,000 donated to the relief efforts following the Balkan floods Human rights Industrial relations during the negotiation of collective agreements Security Displacement Achieve corporate membership of plenary group for Voluntary Principles on Security and Human Rights Integrate Voluntary Principles into guidance documents for security framework and risk assessment Achieved in March 2015 Completed The Voluntary Principles were implemented in four focus countries: Bolivia, Colombia, DRC and Peru Environment Environmental management incidents No major or catastrophic environmental incidents Zero major or catastrophic environmental incidents recorded in 2014 $500 million smelter upgrade completed at Mopani in Zambia Develop a Group water management strategy On track Infrastructure improvements at Katanga copper mines in the DRC Product Stewardship Register substances produced/ imported in low volumes with REACH (deadline 2018) Assess feasibility of expanding automated safety datasheets system globally Preparation for registration is proceeding to schedule Feasibility study concluded; decided to first monitor, review and improve current system before expansion Develop a Product Stewardship Policy For more information on these and our other commitments see pages of the full 2014 Sustainability Report. Policy completed and distributed to departments Key Achieved On track Not achieved

7 Engaging with critics in a transparent and honest manner Organisations Summary of concern Our position Bread for All, RAID, the Swiss Lenten Fund, ACIDH and other local NGOs Global Witness Water management, human rights, security and artisanal mining in the DRC Acquisition of assets in the DRC Bread for All, RAID and the Swiss Lenten Fund visited our DRC operations, at our invitation, at the end of 2013 During the visit, we demonstrated our responsible business practices and our commitments to the environment and to human rights Operating in a challenging region, such as the DRC, creates unique issues that require a dedicated and considered approach; our locally-based management team have many years of experience, which is critical for developing a deep understanding of the region and underpins the good relationships they have established with local stakeholders As a substantial investor in the DRC we actively support local socioeconomic development We acquired our assets in the DRC through the proper legal processes As a Toronto Stock Exchange listed company, Katanga Mining Limited complies with its regulatory obligations and undertakes transactions in a public and transparent manner IndustriALL Glencore s approach to industrial relations in Colombia, the US, South Africa and Peru We are committed to working honestly and openly with labour unions at all our assets We treat our people with respect We uphold the rights of our workers to freedom of association and collective representation Pax Christi Paramilitary violence in the mining region of Cesar, Colombia Prodeco, our Colombian coal mine, has never had any dealings with paramilitary organisations and has consistently challenged such allegations Prodeco is committed to acting as a responsible corporate citizen in Colombia, including sponsoring community programmes that seek to support victims of conflict Public Eye Pollution in Colombia and Argentina Child labour in the DRC Anti-union activities in Colombia We work closely with the communities living close to our operations and strive to mitigate any environmental impact we may have At no time has Glencore benefited from or received material sourced from mines worked by child labour We have maintained constructive dialogue with the trade unions in Colombia and respect the right to freedom of expression

8 Social value creation Through a better understanding of our socio-economic contribution, we are able to ensure our investment decisions deliver maximal benefits to all. During 2015, we will pilot the social value creation (SVC) scorecard at a regional level. Each site will assess and report on the following social objective areas, supporting activities and mandatory SVC metrics: Local procurement Local employment Enterprise development Synergies from infrastructure Social investment Where possible we source locally We provide training to local people to qualify for skilled jobs We build capacity within local businesses and offer them ongoing opportunities to provide services to our assets We help make sure that infrastructure related to our assets benefits local communities and supports development We invest in public healthcare, education and basic services such as the provision of water and sanitation We recognise that we can improve the way we operate through membership in external organisations and by publicly committing to social charters, principles and other initiatives. Some of the organisations and initiatives to which we are proudly committed: Human rights: International Labour Organisation Declaration on Fundamental Principles and Rights at Work United Nations Guiding Principles on Business and Human Rights United Nations Universal Declaration of Human Rights Voluntary Principles on Security and Human Rights Transparency: Extractive Industries Transparency Initiative Product stewardship: European Chemicals Agency London Bullion Market Association s Responsible Gold Social, economic, environmental progress: International Council for Mining and Metals United Nations Global Compact Glencore plc Baarermattstrasse 3 CH-6340 Baar Switzerland Tel: Fax: info@glencore.com